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early this year when the u.s. decided to sell arms to taiwan. the u.s. defense department says the agreement was made at a meeting in beijing on wednesday, with deputy assistant secretary michael schiffer and chinese officials. the two countries agreed to expand dialogue and deepen military cooperation. they'll hold working-level talks in hawaii in mid october. a vice ministerial meeting -- or vice ministerial-level meeting is scheduled later this year in washington. the two sides had recently started to improve bilateral relations. u.s. president barack obama met chinese premier wen jiabao in new york last week. they confirmed the need to deepen economic and security ties. >>> a former deputy secretary-general of the main governing democratic party is now in china in a bid to repair the frayed ties between japan and china. relations soured after japanese authorities detained the captain of a chinese fishing boat that had collided with japan coast guard patrol ships earlier this month. the incident occurred near japan's senkaku islands, which are also claimed by chinese, or chi
the latest at this hour. >>> the u.s. unemployment rate in august climbed 0.1% to 9.6. non-farm payroll employment was down for the third month in a row. the u.s. labor department released the figures on friday. 54,000 jobs were lost in august in the non-farm sector were sensitive to economic trends, >>> nine patients at a hospital in tokyo have died after exposure to a drug-resistant bacterium during treatment there. the university hospital announced that the patients died between october 2009 and august of this year after being infected with a bacteria. >> translator: i'm sorry, i should have consulted with a public agency earlier. >> the hospital told reporters on friday it detected the bacterium in 46 in-patients age 35 to 89 between august 2009 and last wednesday. 27 of the infected patients have died and nine of those deaths have been linked to the infection. the nine patients had weakened immune systems due to conditions include leukemia and kidney failure. it rarely infects healthy people but could be fatal to those with low immunity causing pneumonia and blood pois
surging in july, demand from the u.s. has plummeted a whopping 90%. the firm says it's now under pressure to cut prices. >> translator: some customers say they'll ask for price cuts until the dollar strengthens to a 100-yen level. some already cancelled orders. on average, they ask for a 20% to 25% discount, but the best we can offer is 5%. >> reporter: the company has slashed profit margins in order to offer cheaper products and offset the yen's strength. it has also started accepting more small orders to boost output. in some cases they've even taken orders for one or two pieces. towa's management is increasingly worried. >> translator: if the strong yen continues and affects manufacturers like us, even big competitors may start taking small domestic orders. i'm afraid we might all end up losing in a price war. >> reporter: the soaring yen isn't the only concern for these businesses. subsidies for fuel-efficient vehicles helped boost sales this month. but when they end in september, demand will likely drop. carmakers are already expecting to cut production by around 20% in october. also
>>> this is "newsline." welcome. glad you could join us on this edition. it's friday september 3rd, 11:00 a.m. in tokyo. i'm catherine tokobayashi. we first go to ines matsuyama, who has the latest in business news. ines? >> thanks, catherine. hello. >>> in japan's manufacturing sector capital spending fell over 10% from april through june compared with a year ago. the finance ministry surveyed more than 23,000 firms with capital of at least $120,000. the survey shows that investment on plant and equipment cross all industries except for finance and insurance fell by 1.7%. looking in detail, the manufacturing sector plunged 10.5%, while non-manufacturers saw a rise of 3.4%. looking at earnings, the survey shows that sales and profit in both manufacturing and non-manufacturing sectors rose. the drop in capital spending for makers stands as a cautious stance at business prospects. >>> tokyo stocks extended their gains friday morning following a rise in new york. the nikkei ended the morning session at 9,097 points, up 0.4%, or 35 ticks almost. investors took their cue from a slightly
, he used the name pak un and it is said he identified himself as the son of the north korean ambassador to switzerland. one of his former classmates says he was polite and quick to learn the german language. kim jong-un apparently enjoyed playing basketball and dreamed of becoming a professional player. kim jong-un is said to have returned to pyongyang around 2000, and to have attended university in the north korean capital. no information has been available on his whereabouts since that time. there is speculation that kim jong-il has chosen jong-un to succeed him due to his son's leadership abilities and strong-mindedness. china's special envoy to the six-party talks, wu dawei heard that kim jong-un is tall like his grandfather, kim il-song, who established communist rule in north korea. >> the conference that begins on tuesday, the first of its kind in 44 years, is expected to elect the party's supreme leadership. more than half the members of the party's central committee are said to have died or been purged without being replaced and it is believed not to function well. t
Search Results 0 to 4 of about 5

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